9 2 points AA 7-2 Comparative Analysis LO A1, P2 Comparative figures for Apple and Google follow. 00:16:08 $ millions Current Year Apple One Year Two Years Prior Prior Google Current Year One Year Two Years Prior Prior Accounts receivable, net $ 17,874 $ 15,754 $ 16,849 $ 18,336 $14,137 $11,556 Net sales 229,234 215,639 233,715 110,855 90,272 74,989 Book Print References Required: Saved 1. Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (2) Google. 3. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. (Round your answers to 1 Becimal place.) Accounts Receivable Turnover Current Year Prior Year a. Apple 12.8 times times b. Google times times Required 1 Required 2 > 2 points Comparative figures for Apple and Google follow. Apple Google 00:15:48 $ millions Prior Current One Year Two Years Year Prior Accounts receivable, net $ 17,874 $ 15,754 $ 16,849 Net sales 229,234 215,639 233,715 Current Year $ 18,336 $14,137 110,855 90,272 One Year Two Years Prior Prior $11,556 74,989 eBook Print References Required: 1. Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google. 3. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google. (Use 365 days a year. Round your answers to 1 decimal place.) Average collection Period Current Year Prior Year a Apple days days b. Google days days